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It also addresses disparities across minority and other populations, then defines financial literacy, financial education processes, and desired outcomes such as sustained financial well-being.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/research-report/","Research & Report",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/us-national-strategy-for-financial-literacy-2020-introduction/587512/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/us-national-strategy-for-financial-literacy-2020-introduction/587512.png","ImageObject",300,407,{"name":42,"@type":43},"นรินทร์","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-11-09","2026-10-15",true,{"@type":52,"interactionType":53,"userInteractionCount":26},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"What problem does the strategy describe regarding financial education in the U.S.?","Question",{"text":62,"@type":63},"It describes widespread gaps in adults’ and students’ ability to answer fundamental financial literacy questions and notes performance gaps across minority populations compared with the U.S. overall.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"How does the document define financial literacy?",{"text":67,"@type":63},"Financial literacy is described as the skills, knowledge, and tools that equip people to make individual financial decisions and actions to attain their goals.",{"name":69,"@type":60,"acceptedAnswer":70},"What is a key desired outcome of financial education?",{"text":71,"@type":63},"The strategy emphasizes sustained financial well-being—meeting current and ongoing obligations, feeling secure about one’s financial future, and making choices that support enjoyment of life.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},587512,1792062031,{"code":4,"msg":81,"data":82},"success",[83,87,91,95,100,105,110,114,119,122,126],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":84,"show_sort_weight":85,"slug":86},"Story & Novel",90,"story-novel",{"id":26,"doc_module":4,"doc_module_name":25,"category_name":88,"show_sort_weight":89,"slug":90},"Literature",80,"literature",{"id":33,"doc_module":4,"doc_module_name":25,"category_name":92,"show_sort_weight":93,"slug":94},"Exam",70,"exam",{"id":96,"doc_module":4,"doc_module_name":25,"category_name":97,"show_sort_weight":98,"slug":99},5,"Comic",60,"comic",{"id":101,"doc_module":4,"doc_module_name":25,"category_name":102,"show_sort_weight":103,"slug":104},6,"Technology",50,"technology",{"id":106,"doc_module":4,"doc_module_name":25,"category_name":107,"show_sort_weight":108,"slug":109},7,"Healthcare",40,"healthcare",{"id":111,"doc_module":4,"doc_module_name":25,"category_name":29,"show_sort_weight":112,"slug":113},8,30,"research-report",{"id":115,"doc_module":4,"doc_module_name":25,"category_name":116,"show_sort_weight":117,"slug":118},9,"Religion & Spirituality",20,"religion-spirituality",{"id":117,"doc_module":4,"doc_module_name":25,"category_name":120,"show_sort_weight":117,"slug":121},"World Cup","world-cup",{"id":123,"doc_module":4,"doc_module_name":25,"category_name":124,"show_sort_weight":123,"slug":125},10,"Lifestyle","lifestyle",{"id":127,"doc_module":4,"doc_module_name":25,"category_name":128,"show_sort_weight":96,"slug":129},19,"General","general",{"code":4,"msg":81,"data":131},{"doc_id":78,"user_id":132,"nickname":42,"user_avatar":133,"doc_module":4,"category_id":111,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":26,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":139,"language":140,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":12,"update_tm":79,"read_time":144,"preview_page_count":4},2336475104957,"https://ap-avatar.wpscdn.com/avatar/22000c4c6bd8a5076e1?x-image-process=image/resize,m_fixed,w_180,h_180&k=1787554080175789136","U.S. Financial Literacy and Education Commission  \nU.S. National Strategy for Financial Literacy 2020  \nU. S. Financial Literacy and Education Commission  \n2020  \nMembers of the Financial Literacy and Education Commission  \nDepartment of the Treasury (Treasury), Chair  \nConsumer Financial Protection Bureau (CFPB), Vice Chair Department of Agriculture (USDA)  \nDepartment of Education (ED)  \nDepartment of Defense (DoD)  \nDepartment of Health and Human Services (HHS)  \nDepartment of Housing and Urban Development (HUD)  \nDepartment of the Interior (DOI)  \nDepartment of Labor (DOL)  \nDepartment of Veterans Affairs (VA)  \nBoard of Governors ofthe Federal Reserve System (FRB)  \nCommodity Futures Trading Commission (CFTC)  \nFederal Deposit Insurance Corporation (FDIC)  \nFederal Emergency Management Agency (FEMA)  \nFederal Trade Commission (FTC)  \nGeneral Services Administration (GSA)  \nNational Credit Union Administration (NCUA)  \nOffice of the Comptroller of the Currency (OCC)  \nOffice of Personnel Management (OPM)  \nSecurities and Exchange Commission (SEC)  \nSmall Business Administration (SBA)  \nSocial Security Administration (SSA)  \nWhite House Domestic Policy Council (DPC)  \nU.S. National Strategy for Financial Literacy 2020  \nU. S. Financial Literacy and Education Commission  \n2020  \nThis page intentionally left blank  \nTable of Contents  \n1. Introduction 2  \nDefining Financial Literacy and Education 2  \nRole of Financial Education to Help Americans Manage Financial Aspects ofCOVID-19 3  \nNational Strategy for Financial Literacy Summary 4  \n2. Methods to Increase Financial Literacy and Education 7  \nBest Practices 7  \nBuilding Blocks for Youth Financial Capability 8  \nFuture Steps to Improve Financial Education 8  \n3. Review of Federal Activities Designed to Promote Financial Literacy  \nand Education and Develop a Plan to Improve Coordination  \nand Eliminate Overlap and Duplication 10  \nStructure and Function of the FLEC 11  \nPriority Areas of Federal Activity 12  \nPerformance and Outcome Measures 14  \nAccountability and Reporting 14  \nAllocation of Federal Resources 14  \nOutreach and Communications Agenda 15  \nResearch and Learning Agenda 15  \nOther Considerations in Implementing the National Strategy 16  \nParticipation by state and local governments, private, nonprofit, and  \npublic institutions in the National Strategy  \nRole of technology  \n4. Conclusion 17  \nAppendix 1. National Strategy Process and Consultations 18  \nAppendix 2. Best Practices for Delivery of Financial Literacy and Education 19  \nU.S. FINANCIAL LITERACY AND EDUCATION COMMISSION 1  \n1. Introduction  \nFinancial education is key to unlocking the foundations of economic opportunity and powering a strong and resilient economy. Americans must acquire financial skills and knowledge to fully participate in our dynamic economy.  \nFinancial education is key to unlocking the foundations of economic opportunity and powering a strong and resilient economy. Americans must acquire financial skills and knowledge to fully participate in our dynamic economy. In a 2018 study, only one-third of adults could answer at least four of five financial literacy questions on fundamental concepts such as mortgages, interest rates, inflation and risk.1 Similarly, a 2018 assessment of 15-year-old students found that 16 percent were below a proficient level of financial literacy, 22 percent demonstrated a basic level of financial literacy, while 12 percent successfully demonstrated the highest level of financial skills assessed.2 Additional performance gaps persist in financial literacy between minority populations and the U.S. population as a whole.  \nFor example, the same studies found that AfricanAmerican and Hispanic adults answered fewer financial literacy questions correctly than did White and Asian respondents.3 White and Asian  \n15-year-olds, on average, had substantially higher financial literacy scores than the overall U.S. average of students in this cohort while Hispanic and A","cbCaii0w2kGhhFDZ","https://ap.wps.com/l/cbCaii0w2kGhhFDZ","pdf",1668517,28,"English","# Table of Contents\n## 1. Introduction\n## Defining Financial Literacy and Education\n## 2. Methods to Increase Financial Literacy and Education\n## 3. Review of Federal Activities Designed to Promote Financial Literacy and Education\n## 4. Conclusion\n## Appendix 1. National Strategy Process and Consultations\n## Appendix 2. Best Practices for Delivery of Financial Literacy and Education","[{\"question\":\"What problem does the strategy describe regarding financial education in the U.S.?\",\"answer\":\"It describes widespread gaps in adults’ and students’ ability to answer fundamental financial literacy questions and notes performance gaps across minority populations compared with the U.S. overall.\"},{\"question\":\"How does the document define financial literacy?\",\"answer\":\"Financial literacy is described as the skills, knowledge, and tools that equip people to make individual financial decisions and actions to attain their goals.\"},{\"question\":\"What is a key desired outcome of financial education?\",\"answer\":\"The strategy emphasizes sustained financial well-being—meeting current and ongoing obligations, feeling secure about one’s financial future, and making choices that support enjoyment of life.\"}]","U.S. National Strategy for Financial Literacy 2020 - Introduction | PDF",71]